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Town of Orange – Budget Review (B20-2-14)
Determine whether the significant revenue and expenditure projections in the Towns adopted budget for the 2021 fiscal year are reasonable
https://www.osc.ny.gov/local-government/audits/town/2021/01/08/town-orange-budget-review-b20-2-14DiNapoli: State Tax Receipts Exceed Initial Projections By $7.2 Billion Through First Six Months
… State tax receipts in State Fiscal Year (SFY) 2021-22 exceeded the Enacted … greater than forecast by the Division of the Budget (DOB) in the First Quarter Update to the Financial Plan, released … billion greater than they were through the same month in SFY 2020-21. “Strong tax collections halfway through the …
https://www.osc.ny.gov/press/releases/2021/10/dinapoli-state-tax-receipts-exceed-initial-projections-72-billion-through-first-six-monthsIII.3 Scope of the SFS – III. Statewide Financial System (SFS)
… The scope of the Statewide Financial System (SFS) includes … Fund, and Object lines within the Chart of Accounts. General accounting information requirements associated with …
https://www.osc.ny.gov/state-agencies/gfo/chapter-iii/iii3-scope-sfsHow the Program Works – Contribution Stabilization Program
… what an employer’s contribution would be using the graded rate. NYSLRS compares the employer’s normal annual … less than the maximum amount allowed. Employers will pay interest on their amortized amounts which is comparable … and holds 20.47 percent of its assets in fixed income as of fiscal year end 2023. The Fund will receive a return on …
https://www.osc.ny.gov/retirement/employers/csp/how-program-worksDiNapoli Calls for Reforms to State Fiscal Practices
… lump sum spending, restricting “backdoor spending” by public authorities and imposing a constitutional limit on … to rein in the state’s debt, increase disclosure by public authorities and improve budget practices, further … proposals include: Restrict “backdoor spending” by public authorities and require more comprehensive public …
https://www.osc.ny.gov/press/releases/2016/05/dinapoli-calls-reforms-state-fiscal-practicesMedicaid Program – Impact of Rejected Encounters on the Collection of Drug Rebates
… 453,706 pharmacy encounter claims totaling $59.1 million in payments that were rejected by DOH’s encounter system. As … of these rejections, we estimated a total of $31.2 million in missed drug rebates. The encounter system rejected these … claim data. As a result, DOH did not include these claims in its rebate process. The most common encounter claim …
https://www.osc.ny.gov/state-agencies/audits/2024/12/23/medicaid-program-impact-rejected-encounters-collection-drug-rebatesCost-Saving Ideas: Overtime Planning and Management
… payroll taxes, workers' compensation premiums, and retirement costs, could increase cost savings an additional … benefits. Updated 2016 … CostSaving Ideas Overtime Planning and Management …
https://www.osc.ny.gov/local-government/publications/cost-saving-ideas-overtime-planning-and-managementDiNapoli: CDTA Overtime Expenses and Ridership Growing
… amid steady ridership growth in recent years, according to a report released today by State Comptroller Thomas P. … total ridership has been increasing. While overtime costs have increased by a third since 2010, overall costs per … of its total expenses, including $7.4 million of overtime pay. More than 10 percent of all CDTA employees were reported …
https://www.osc.ny.gov/press/releases/2016/06/dinapoli-cdta-overtime-expenses-and-ridership-growingDiNapoli: Numbers of Homeless Population Doubled in New York
… Homelessness in New York state has grown sharply, more than doubling between … the number of permanent supportive housing units (52,462 vs. 78,758) and permanent housing beds (21,672 vs. 26,059), …
https://www.osc.ny.gov/press/releases/2025/01/dinapoli-numbers-homeless-population-doubled-new-yorkTown of Deerpark – Budget Review (B6-16-18)
… of Budget Review The purpose of our budget review was to determine whether the significant revenue and expenditure … located in Orange County, issued debt totaling $868,000 to liquidate the accumulated deficit in the Town’s general … Local Finance Law requires all local governments that have been authorized to issue obligations to fund operating …
https://www.osc.ny.gov/local-government/audits/town/2016/11/10/town-deerpark-budget-review-b6-16-18Town of Deerpark – Budget Review (B6-15-23)
… Purpose of Audit The purpose of our budget review was to determine whether the significant revenue and expenditure … located in Orange County, issued debt totaling $868,000 to liquidate the accumulated deficit in the Town's general … Local Finance Law requires all local governments that have been authorized to issue obligations to fund operating …
https://www.osc.ny.gov/local-government/audits/town/2015/11/06/town-deerpark-budget-review-b6-15-23City of Yonkers – Budget Review (B17-6-11)
… and debt service funding of $590.7 million for the Yonkers Public Schools (District) and $563.6 million for the City. …
https://www.osc.ny.gov/local-government/audits/city/2017/07/07/city-yonkers-budget-review-b17-6-11DiNapoli: Billions Needed for Repairs to Local Bridges
… For access to state and local government spending, public authority financial data and information on 140,000 …
https://www.osc.ny.gov/press/releases/2017/10/dinapoli-billions-needed-repairs-local-bridgesDiNapoli: Audit Reveals Hiring and Budgeting Problems in Brentwood School District
… actions that ignored district policy, most notably in the search for a new superintendent. “This audit revealed some … Further, district officials did not obtain fingerprint/criminal background check clearance for six of these … complete disclosure forms and are in compliance with criminal background checks. Brentwood school officials …
https://www.osc.ny.gov/press/releases/2016/11/dinapoli-audit-reveals-hiring-and-budgeting-problems-brentwood-school-districtDiNapoli Announces Lowered Fees for New York State's 529 College Savings Direct Plan
… Thomas P. DiNapoli today announced a new reduction in management fees for the state’s 529 College Savings … to help parents save for college. New York’s program began in 1997 and offers tax deductions up to $10,000 annually. … New York’s program. With approximately $16 billion in total assets, New York’s 529 Direct Plan is the largest …
https://www.osc.ny.gov/press/releases/2014/10/dinapoli-announces-lowered-fees-new-york-states-529-college-savings-direct-planDiNapoli Releases Review of First Quarter State Revenue Collections
… DiNapoli has created several tools to allow the public to better track government spending, contracts and …
https://www.osc.ny.gov/press/releases/2014/07/dinapoli-releases-review-first-quarter-state-revenue-collectionsPublic Authorities
… Public authorities are public benefit corporations created to … by a separate board of directors appointed by elected officials for varying terms of office. Funding and Operations … by public authorities without voter approval. The debt service for these bonds is usually supported by revenues of …
https://www.osc.ny.gov/public-authoritiesAid and Incentives for Municipalities (AIM) and Temporary Municipal Assistance (TMA)
… AIM In each State fiscal year, the Aid and Incentives for Municipalities (AIM) program provides state aid to all of … program. The 2019-20 Enacted State Budget eliminated aid for 1,325 towns and villages determined to be less reliant on … established AIM-Related payments which continued funding for the impacted towns and villages in the amounts that they …
https://www.osc.ny.gov/local-government/data/aid-and-incentives-municipalities-aim-and-temporary-municipal-assistance-tmaDiNapoli: State's Cash Position is Strong
… billion, $119.3 million higher than projected in the latest Financial Plan update but 1.3 percent less than the … $773.3 million higher than the Division of the Budget’s latest projections and $3.2 billion higher than a year … $269 billion $1193 million higher than projected in the latest Financial Plan update but 13 percent less than the …
https://www.osc.ny.gov/press/releases/2014/09/dinapoli-states-cash-position-strongDiNapoli: 22 School Districts Designated in Fiscal Stress
… Twenty-two school districts were designated in some level of fiscal stress under New York State … year (SY) ending June 30, 2024, up from 16 districts in fiscal stress the prior year. The low number of districts … with stress designations largely reflects recent increases in state and federal aid. “Pandemic-related federal funding …
https://www.osc.ny.gov/press/releases/2025/01/dinapoli-22-school-districts-designated-fiscal-stress